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CAPM Practice: Determine how to gather requirements

Question 51 of 67 in Determine how to gather requirements

What is a 'weighted criteria matrix' and how is it used in requirements prioritization?
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Correct answer: A decision tool that rates requirements against weighted criteria (business value, risk, cost, strategic alignment) to produce a prioritized ranking

Explanation

A weighted criteria matrix helps prioritize requirements objectively. Criteria (business value, implementation cost, risk, strategic alignment) are weighted by importance, then each requirement is scored against each criterion. The weighted scores produce a defensible priority ranking.

**Why not A:** A risk assessment tool is a distinct artifact used to identify, evaluate, and prioritize project risks. A weighted criteria matrix, by contrast, is a decision-support tool that scores options against multiple criteria, each assigned a relative weight reflecting its importance to stakeholders.

**Why not B:** Weighting criteria by the seniority of the person who suggested them would introduce organizational bias and undermine objective decision-making. In a proper weighted criteria matrix, weights are assigned based on the strategic importance of each criterion to the business need, determined collaboratively with stakeholders.

**Why not D:** A financial model is used to forecast costs, revenues, or return on investment. While financial factors may appear as one criterion within a weighted criteria matrix, the matrix itself is a broader evaluation framework that balances multiple qualitative and quantitative factors to compare solution options.

Key Concept

This question covers Determine how to gather requirements under Determine how to gather requirements (Business Analysis Frameworks).

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